Bitcoin futures ended two consecutive months of decline, but failed to regain $9,800

On July 18th, CME's bitcoin main contract rebounded slightly by US$65, ending the two-day losing streak, but failed to regain the US$9,800. The previous day fell below the 9800 mark and hit this year since June 20th. New low. Bitcoin futures contracts of other maturities rose more than $100 in the day. Last week's main contract restarted the gains, rising nearly 4%. In the first week of July, last week, it fell more than 1,300 US dollars, with a cumulative decline of about 10%, ending the momentum of two consecutive weeks of rising. The highest-volume CME bitcoin futures BTC July contract closed up 0.7%, to close at $9795, and closed down 10.8% on the 16th, closing at $9730, up more than 3.9% last week. BTC closed at $9,900 in August, and the September and December contracts closed above $99,000 and 10,000 merging, respectively, after falling below $9,800, $9,900 and $10,000 respectively. The spot price of bitcoin on most cryptocurrency exchanges such as fire coins is above $9,800, and has risen nearly 2% in the last 24 hours.